Jaypee Infratech Limited, a Utilities company, has floated Debenture, having ISIN value as INE099J07186, with a face value of ₹10,00,000 rs on 02Jan15 to raise 100 crores. The debt instrument is issued with a coupon rate of 11% and its interest is paid Monthly. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 11% SECURED REDEEMABLE NON-CONVERTIBLE DEBENTURE. SERIES STRPP-3. LETTER OF ALLOTMENT. DATE OF MATURITY 31/12/2018. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 21Jan15. CARE Ratings Limited has given D rating to this Debenture on 02Jan15. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.